Global equity funds attracted fresh investor money for an 11th straight week in the week ended August 5, as a robust corporate earnings season and easing crude oil prices encouraged investors to increase exposure to risk assets, according to Reuters, citing LSEG Lipper data.
Investors poured a net $21.15 billion into global equity funds during the week, following net inflows of approximately $27.72 billion in the previous week, reflecting sustained confidence in equity markets despite lingering macroeconomic uncertainties.
